$2,750,000
$3,180,000
13.5%For more information regarding the value of a property, please contact us for a free consultation.
2424 Fairway Plaza RD S Lethbridge, AB T1K6Z3
Key Details
Sold Price $2,750,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Subdivision Fairmont
MLS® Listing ID A2295192
Sold Date 04/17/26
Year Built 2001
Annual Tax Amount $35,965
Tax Year 2025
Property Sub-Type Retail
Source Lethbridge and District
Property Description
Secure a premium retail asset on Mayor Magrath Drive with exposure to 29,000+ vehicles/day. This fully leased 4,835 sq. ft. plaza sits on a 0.62-acre site with excellent access, visibility, and ample parking.
Anchored by nationally recognized tenants including TELUS (Tom Harris Cellular), OPA! of Greece, and CoCo Fresh Tea & Juice—delivering stable, diversified income with proven operators.
Located in a dominant retail node surrounded by Safeway, Canadian Tire, and major QSR brands, this property offers strong in-place cash flow with clear upside through future rent growth in an expanding South Lethbridge market.
Additional value-add potential with the ability to add another bay on the property (subject to City of Lethbridge approval).
Ideal for investors seeking a low-vacancy, high-visibility asset with long-term appreciation and development upside. Contact your Realtor for a showing!
Location
Province AB
County Lethbridge
Zoning C-H
Others
Restrictions None Known
Tax ID 101750868
Ownership Private
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